RE:RE:I wasn't finished... chris71 wrote: Prev will have 2.6M$ in their bank account at the end of the year, wich will be used to make more money (investments).
Make more money??
Chris, are you not aware that your company has 'negative working capital' and Long Term Debt of $4 million? Your $2.6M is long gone my friend. And that 'Prepaid Asset' of $1.258M is not even an asset.....that is the bogus money Van Deventer paid up front to the Bridgemark Group for bogus consulting contracts. The only reason this embarrassement is still sitting there is, accounting practices do not allow Deventer to write off the loss at once, it must be done over time.
Make more money?? On top of the extremely unhealthy Balance Sheet, you also have 396,000,000 shares outstanding, 31,000,000 Options outstanding, and 183,000.000 Warrants outstanding. All this company has done....is write Cheap Paper!! Your $2.6M from the sale of your largest asset [Sol-Gel], only equates to $0.004/share. That's less than 1/2 a penny, and you still have to pay $4M in debt. There is nothing to boost about here Chris!
